Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4. (13.30) In problem 2, the Dynaco Company has found that if more than three units (average) are waiting to be processed at any one

image text in transcribed
image text in transcribed
4. (13.30) In problem 2, the Dynaco Company has found that if more than three units (average) are waiting to be processed at any one workstation, then too much money is being tied up in work-in-process inventory (i.c., units waiting to be processed). The company estimates that (on average) each unit waiting to be processed costs $50 per day. Alternatively, operating a third press would cost $150 per day a. Should the company operate a third press at this workstation? 5. (13.31) Cakes baked by the Freshfood Bakery are transported from the ovens to be packaged by one of three wrappers. Each wrapper can wrap an average of 200 cakes per hour. The cakes are brought to the wrappers at the rate of 500 per hour. If a cake sits longer than 5 minutes before being wrapped, it will not be fresh enough to meet the bakery's quality control standards. a. Does the bakery need hire another wrapper? 2. (13.EP) The new accounts loan officer of the Citizens Northern Savings Bank interviews all customers for new accounts. The customers desiring to open new accounts arrive at the rate of 5 per hour, according to a Poisson distribution, and the accounts officer spends an average of 10 minutes with each customer, setting up a new account. a. Determine the operating characteristics (Po, L, LG, W, W, and Pw) for this system. b. Add an additional accounts officer to the system described in this problem so that it is now multiple-server queuing system with two channels and determine the operating characteristics required above. 4. (13.30) In problem 2, the Dynaco Company has found that if more than three units (average) are waiting to be processed at any one workstation, then too much money is being tied up in work-in-process inventory (i.c., units waiting to be processed). The company estimates that (on average) each unit waiting to be processed costs $50 per day. Alternatively, operating a third press would cost $150 per day a. Should the company operate a third press at this workstation? 5. (13.31) Cakes baked by the Freshfood Bakery are transported from the ovens to be packaged by one of three wrappers. Each wrapper can wrap an average of 200 cakes per hour. The cakes are brought to the wrappers at the rate of 500 per hour. If a cake sits longer than 5 minutes before being wrapped, it will not be fresh enough to meet the bakery's quality control standards. a. Does the bakery need hire another wrapper? 2. (13.EP) The new accounts loan officer of the Citizens Northern Savings Bank interviews all customers for new accounts. The customers desiring to open new accounts arrive at the rate of 5 per hour, according to a Poisson distribution, and the accounts officer spends an average of 10 minutes with each customer, setting up a new account. a. Determine the operating characteristics (Po, L, LG, W, W, and Pw) for this system. b. Add an additional accounts officer to the system described in this problem so that it is now multiple-server queuing system with two channels and determine the operating characteristics required above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions